This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
1-bedroom, 2-bathroom apartment of 65 m², built in 2018, energy rating D. Located Tavira (Santa Maria e Santiago) parish, Tavira municipality, Faro district. Noteworthy Features: The apartment includes two bathrooms, a rare feature for 1-bedroom units, enhancing both convenience and rental appeal in this sought-after central location.
The valuation. The asking price of €289,000 is only slightly above the fair value of €286,417, sitting at a mere €2,583 (0.9%) above. This property is effectively priced at fair value.
Fair value modelled at €286,417 from 6 comparable sales in the area. Asking €289,000 sits €2,583 (0.9%) above — overpriced versus fair value.
Asking €289,000 versus the Tavira (Santa Maria e Santiago), Tavira, Faro area baseline of €241,323 (€3,713/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €241,323, adjusted for condition and micro-location, gives a modelled fair value of €286,417 (€4,406/m²), a €2,583 (0.9%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Tavira (Santa Maria e Santiago) · 5b8899 | Subject | €289,000 | €4,446 | — | 71 | 70 |
| Tavira (Santa Maria e Santiago) · e40a95 | Active | €270,000 | €7,105 | 59.8% | 80 | 60 |
| Santa Luzia · b327a3 | Active | €295,000 | €4,538 | 2.1% | 70 | 62 |
| Tavira (Santa Maria e Santiago) · 62270d | Active | €340,000 | €3,091 | 30.5% | 70 | 58 |
| avenida Doutor Eduardo Mansinho, 3 | Active | €414,615 | €4,274 | 3.9% | 68 | 63 |
| Median comp | €317,500 | €4,406 | 0.9% | 70 | 61 |
Short-term vacation rental The 1-bed apartment in Tavira offers a gross yield of 3.6%, which aligns with the expected returns in the Algarve's touristic market. Given its fair value of €286,417 compared to the listing price of €289,000, the property's income potential justifies its pricing. Long-term rental With a neighborhood score of 70/100, the 1-bed apartment is positioned well for long-term rental, attracting stable tenants in this appealing region. However, its fair valuation suggests that while cash flow is possible, the returns may not be as attractive given the current pricing. Family rental The apartment's size and condition render it a suitable option for family rentals in Tavira, especially considering the local amenities. Nevertheless, the fair pricing indicates that while it can serve family needs, potential yields might be limited due to the current valuation. Not ideal for: Student housing, Luxury market, Value-add renovation
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of economic fluctuations adversely affecting property values and rental income.
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